Connecticut Statutes

§ 42-422 — Reporting early termination to consumer reporting agency.

Connecticut·Title 42 Business, Selling, Trading and Collection Practices·Ch. 743aa Consumer Leases
If a consumer lease is terminated before its scheduled expiration by mutual agreement of the holder and lessee, the holder may not report the early termination to a consumer reporting agency as a default by the lessee or guarantor. This section does not preclude the holder from reporting to a consumer reporting agency a previous default by the lessee or guarantor under the lease or a later default under the early termination agreement.

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Legislative History

(P.A. 02-81, S. 33.) History: P.A. 02-81 effective July 1, 2003.

Nearby Sections

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